Buying up the old-guard media

Jeff Bezos, the founder and owner of Amazon.com, has bought the Washington Post.  That was just days after the New York Times unloaded the Boston Globe to the owner of the Boston Red Sox.  But those aren’t the only surprising media acquisitions.  Newsweek, which used to belong to the Post, has been bought by a company with ties to the controversial evangelist David Jang, who started the news site The Christian Post. [Read more...]

Amazon’s same DAY delivery

We blogged earlier about how online shopping sites have a big advantage over local businesses in not having to charge sales tax.  So states and now Congress have been trying to pass laws to collect those taxes.  Amazon used to fight those efforts, but no longer, saying, in effect, throw me into that briar patch. From Farhad Manjoo in Slate:

Why would Amazon give up its precious tax advantage? This week, as part of an excellent investigative series on the firm, the Financial Times’ Barney Jopson reports that Amazon’s tax capitulation is part of a major shift in the company’s operations. Amazon’s grand strategy has been to set up distribution centers in faraway, low-cost states and then ship stuff to people in more populous, high-cost states. When I order stuff from Amazon, for instance, it gets shipped to California from one of the company’s massive warehouses in Kentucky or Nevada.

But now Amazon has a new game. Now that it has agreed to collect sales taxes, the company can legally set up warehouses right inside some of the largest metropolitan areas in the nation. Why would it want to do that? Because Amazon’s new goal is to get stuff to you immediately—as soon as a few hours after you hit Buy. . . .

It’s hard to overstate how thoroughly this move will shake up the retail industry. Same-day delivery has long been the holy grail of Internet retailers, something that dozens of startups have tried and failed to accomplish. (Remember Kozmo.com?) But Amazon is investing billions to make next-day delivery standard, and same-day delivery an option for lots of customers. If it can pull that off, the company will permanently alter how we shop. To put it more bluntly: Physical retailers will be hosed.

via Amazon same-day delivery: How the e-commerce giant will destroy local retail. – Slate Magazine.

How Amazon.com funds this blog

Speaking of buying that Bo Giertz novel through this blog reminded me to thank all of you who are using Cranach as your Amazon portal.  Going to that site from here, using the Amazon search box in the sidebar, gives this blog a commission on whatever you buy.  The commission starts at 4% (though I’m getting 6% because of how much I’ve sold).  That’s not much, but you all really buy a lot of books.  And since Amazon.com now sells about everything, some of you are buying major appliances, such as ovens, through my site, giving my earnings a big boost!  I’m making from $25 to $100 every month, which more than covers the expenses of this little hobby.  (Cranach readers buy more books than click Google ads.  Those are making me nothing.  But that’s a sign of your sophistication.)  So thanks to everyone who has been patronizing my virtual department store. And for those of you who haven’t, if you ever need a book. . . or an oven. . .I’d be much obliged if you would start your Amazon search from that widget below the Lucas Cranach information.

If you want to get in on this action on your own blog or website, go here.


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